The Simply Good Foods Company (NASDAQ: SMPL) has reported its financial results for the fiscal third quarter of 2025, showing significant growth in various metrics.
In the third quarter of 2025, net sales were $381.0 million, a 13.8% increase from the same period last year. The company’s net income was $41.1 million, and earnings per diluted share (EPS) were reported at $0.40. Adjusted diluted EPS was $0.51, and adjusted EBITDA reached $73.9 million, representing a 2.8% increase from the comparable year-ago period.
For the year-to-date third quarter of fiscal year 2025, net sales amounted to $1,081.9 million, marking a 13.2% increase from the comparable year-ago period. The company reported a net income of $116.0 million, with earnings per diluted share (EPS) at $1.14. Adjusted diluted EPS for the year-to-date period was $1.46, and adjusted EBITDA was $211.9 million, reflecting a 10.6% increase from the comparable year-ago period.
The company’s balance sheet at the end of the third quarter of fiscal year 2025 showed cash of $98.0 million and an outstanding principal balance on its term loan of $250.0 million. The company made repayments of $50.0 million on its term loan debt during the quarter, bringing fiscal year-to-date repayments to $150.0 million. Cash flow from operations was about $133.1 million.
Looking ahead, the company updated its fiscal year 2025 outlook, with net sales expected to increase by 8.5% to 9.5% and adjusted EBITDA expected to increase by 4% to 5%. The company also highlighted that the fifty-third week in fiscal year 2024 is expected to be an approximately 2-percentage point headwind to both net sales and adjusted EBITDA growth in fiscal year 2025.
Geoff Tanner, President and CEO of Simply Good Foods, expressed satisfaction with the continued momentum in the business, with net sales up 14%, driven by approximately 4% organic net sales growth. He also emphasized the company’s position as a leader in the fast-growing nutritional snacking category and its efforts to offset headwinds from inflation and tariffs while supporting long-term growth-driving investments.
As a result of these announcements, the company's shares have moved 1.48% on the market, and are now trading at a price of $32.34. If you want to know more, read the company's complete 8-K report here.